earnings
confidence high
sentiment positive
materiality 0.75
Warby Parker Q3 revenue up 32% to $137.4M; raises FY2021 outlook
Warby Parker Inc.
2021-Q3 EPS reported
-$1.96
revenue$407,906,000
- Revenue increased 32% to $137.4M; active customers up 23% to 2.15M.
- Net loss $91.1M including $65M stock-based comp and $23.9M direct listing costs.
- Adjusted EBITDA rose 106% to $11.2M; adjusted EBITDA margin 8.1%.
- Raises FY2021 revenue outlook to $539.5-$542.0M (37-38% growth).
- Opened 9 new stores in Q3; total stores 154; expects 35 for full year.